Hey PosFCF. I tend to agree with your observations about Financial Advisors. I like investing but I can't see myself doing this sort of thing when I'm in my 70's and 80's. I would much rather someone else take care of the day to day running of my account. I realize that I have the ultimate responsibility and will monitor the account accordingly. Just my $.02.

I'm a long way from age 70 or 80, but if I get to the point where I can't muster the 2 or 3 hours per month I spend managing my retirement portfolio, I'll just sell everything and put it in the Vanguard Balanced Index Fund (a fund that maintains a mix of 60% S&P500, 40% bonds.)

The odds are that that will outperform anything an advisor can do for me.